BOXT LIMITED

PaymentCheck Score 2024
92Excellent
10.8vs last year
#871 in UK
#66 in Professional Services
#44 in Yorkshire and The Humber

Company Information

Company Number
08086606
Registered Address
3320 Century Way Thorpe Park, Leeds, West Yorkshire, England, LS15 8ZB
Status
Active
Employee Count
116
Turnover
£70,390,000
EBITDA
-£5,597,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 May 2012
Nature of Business
41100 - Development of building projects
43210 - Electrical installation
43220 - Plumbing, heat and air-conditioning installation
47910 - Retail sale via mail order houses or via Internet
Industries
Professional Services,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
17 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
87%
31-60 Days
7%
After 60 Days
6%
Not Paid Within Terms15%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20251190%9%1%14%
01 Jan 2024 - 30 Jun 202429 Jan 20251787%7%6%15%
01 Apr 2023 - 30 Sept 202323 Dec 20232175%8%17%25%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Boxt does not have standard payment terms. Specific payment terms are agreed with each supplier separately. Boxt does not change payment terms without the prior agreement of its suppliers.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

All disputes are raised and tracked through the AP department. These are then raised with the business owner of the supplier and payments will be kept on hold until any dispute is confirmed as settled by the business owner. Where non-payment is caused by invoicing inaccuracy due to incorrect pricing/quantities or the quality of goods or services provided, the person responsible for the purchase will dispute the invoice by placing it on hold. Invoices that are subject to a dispute will not be paid until the issue is resolved. Once resolved, payment will be made in accordance with the terms of the contract, unless the invoice is overdue where it will be paid in the next available payment run.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

BOXT LIMITED is a UK-based company that specializes in providing online heating and cooling solutions for residential and commercial properties. The company was founded in 2013 and has since become a leading provider in the industry.

The company offers a wide range of products and services, including boiler installation, repair and maintenance, smart home systems, and air conditioning installation. They also provide a unique online platform where customers can easily compare prices and book services for their heating and cooling needs.

BOXT LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability team that works to improve their energy efficiency, reduce waste, and promote eco-friendly products.

The key people behind BOXT LIMITED include the co-founders, CEO Andy Kerr and CTO Alan Dickinson. They are both highly experienced in the heating and cooling industry and have a strong vision for the company's growth and success.

The company's website, www.boxt.co.uk, is user-friendly and offers a wealth of information about their products and services. Customers can also book services and get a quote directly from the website. BOXT LIMITED's registered office address is located at 20-22 Wenlock Road, London, N1 7GU.

In summary, BOXT LIMITED is a reputable company in the UK that offers innovative and sustainable heating and cooling solutions. With their user-friendly online platform, experienced leadership, and commitment to sustainability, they continue to provide high-quality services to their customers.

Financial Metrics

Cash
£9,901,734
Net Worth
£11,929,804
Total Current Assets
£25,246,277
Total Current Liabilities
£13,461,057

Company Location